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Advanced Tax Planning S Corporations - Tax Staff Essentials

Tax

CPE Self-study

Advanced Tax Planning S Corporations - Tax Staff Essentials

Gain technical knowledge and expertise to respond to the needs of new and existing clients with S corporations.

$180 - $255

Do you have an AICPA membership? Log in to apply your member discount.

Format

Online

NASBA Field of Study

Taxes

Level

Advanced

CPE Credits

10.5

Author(s)

Brian R. Greenstein

Availability

1 year

Product Number

TSEATPSC22SSO

View

Business & partner

Part of a discounted

Product Details

Save when you buy the complete Tax Staff Essentials, Level 3 online bundle.

Help S corporation clients with tax planning

Understand the intricacies of the S corporation form of doing business and consider the tax effect that various types of S corporation distributions will have on the corporation's shareholders.

Learn about planning and reporting successful complex S corporation transactions, updated for the latest tax legislation. Explore the uses of qualified subchapter S subsidiaries to help you minimize your client's tax bill with winning strategies related to this type of entity.

This course provides CPE in the Taxation field of study.

Who Will Benefit

Managers and partners in public accounting firms
CPA sole proprietors specializing in taxation of S corporations
Tax planning professionals

Key Topics

Basis in S corporation stock
Distributions
Compensation planning
Qualified subchapter S subsidiaries
Liquidations, reorganizations, and redemptions
Estate planning and the use of trusts
Section 199A

Learning Outcomes

Interpret the rules relating to the adjustment of basis in stock by S corporation shareholders.
Calculate gain and loss on the distribution of property and apply the rules for cash distributions.
Identify the distribution ordering rules when an S corporation has accumulated earnings and profits (AE&P).
Identify the rules concerning fringe benefits received by S corporation shareholder-employees.
Apply the rules relating to qualified subchapter S subsidiaries (QSubs).
Apply the corporate reorganization rules to S corporations and identify the rules relating to the liquidation of an S corporation.
Calculate the Section 199A deduction and subdivide activities into SSTBs and non-SSTBs.
Determine whether an S corporation is the optimal entity based upon a given set of facts and circumstances.

Credit Info

CPE Credits

Online

10.5

NASBA Field of Study

Taxes

Level

Advanced

Prerequisites

Completion of AICPA's course S Corporations: Key Issues, Compliance, and Tax Strategies or equivalent knowledge and experience

Access

Online

This is a digital product. With full paid access the content will be available to you for 1 year after purchase date.

For more information, please refer to CPE requirements and NASBA sponsorship information

Pricing

Do you have an AICPA membership? Log in to apply your member discount.

Nonmembers

Online

$255.00

AICPA Members

Online

$199.00

Tax Section Members

Online

$180.00

Group ordering for your team

2 to 5 registrants

Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.

Start order

6+ registrants

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

Instructors

Brian R. Greenstein

Ph.D

"University of Delaware / Kennett Square, PA Brian R. Greenstein, Ph.D., is an accounting professor at the Lerner College of Business and Economics at the University of Delaware. Previously he served as the Director of Graduate Tax Programs and Chair of the Department of Accounting and Taxation at Seton Hall University. Dr. Greenstein started his career with an international CPA firm and currently maintains an active consulting practice. Dr. Greenstein has presented hundreds of live seminars on various tax and financial planning topics for State CPA societies, private accounting firms, and the Internal Revenue Service. He has also written numerous articles appearing in national publications such as the Journal of Taxation, The Tax Advisor, the CPA Journal, the Journal of Corporate Taxation, Taxes - The Tax Magazine, Taxation for Lawyers, and the Review of Taxation of Individuals. His research has been quoted by the Supreme Court of the United States in Indopco v. Commissioner, and he actively contributes to the regulatory standard-setting process."

Accessibility

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